About Canvaloop
Canvaloop is a Retail company based in Surat (India) founded in 2020 by Dhruv Gupta. It operates in the Retail and Chemicals & Materials sectors. Canvaloop has raised $2.16 million across 6 funding rounds from investors including Social Alpha, H&M Foundation and Aman Gupta. Canvaloop was last valued at $2.98 million in August 2023. Its Indian entity Canvaloop Fibre Private Limited reported revenue of ₹11.01 Cr. Canvaloop offers products and services including HempLoop, FlaxLoop, BanLoop, PineLoop, and Yarns. Its focus areas include High Tech, Advanced Materials, Textile and Sustainable Fabrics.
Company details
Online platform offering sustainable fabrics and materials from agricultural waste. The platform provides users with a sustainable fabrics manufacturer that uses agricultural waste to create fibers and yarns for the textile industry.
- Headquarters Surat, India
- Founders Dhruv Gupta
- Stage Minicorn
- SectorsRetailChemicals & Materials
- Email••••••••
- Website canvaloop.com
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Canvaloop Fibre Private Limited
- Date of Incorporation 23 Jan, 2020
- Jurisdiction Surat, Gujarat, India
- Annual Revenue₹11.01 Cr
FY 2025 · +114% YoY
- Net Profit₹3.6 Lakh
FY 2025 · 0% margin
- EBITDA₹24.1 Lakh
FY 2025 · 2% margin
- Total Equity Funding$2.16M (USD)
in 6 rounds
- Latest Funding Round$1.44M (USD), Series A
Mar 2026
- InvestorsSocial Alpha
& 10 more
Associated legal entities of Canvaloop
Canvaloop operates through Canvaloop Fibre Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Canvaloop Fibre Private Limited CIN U17299GJ2020PTC112242 | Active | 23 Jan 2020 | Surat, Gujarat | ₹11.0 Cr | 5 | View details |
Products & Services of Canvaloop
Canvaloop offers a comprehensive portfolio of products and services, including HempLoop, FlaxLoop, BanLoop, PineLoop, and Yarns.
Fiber derived from hemp waste for eco-friendly textiles.
Fiber made from flax waste to support sustainable fabric production.
Fiber from banana waste for environmentally conscious yarns.
Fiber produced from pineapple waste for textile applications.
Yarns created from recycled agricultural waste for durable fabrics.
Apps and channels of Canvaloop
its YouTube channel R&D Canvaloop has 111 subscribers and 4 videos.
Videos from Canvaloop
The most watched videos on Canvaloop's YouTube channel, R&D Canvaloop (111 subscribers). Click a video to play it here.
More on R&D Canvaloop.
Funding Insights of Canvaloop
Canvaloop has successfully raised a total of $2.16M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $1.44 million completed in March 2026. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $2.16M
- Total Rounds 6
- Last Round Series A — $1.44M
- First Round $201,215
(Nov 2021)
- Investors Count 11
All 6 funding rounds of Canvaloop with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2026 | $1.44M | Series A | – | Gujarat Venture Finance | |
| Dec 2024 | $141,882 | Seed | – | SailThru Ventures | – |
| Sep 2024 | $23,906 | Grant | – | Social Alpha | |
| Apr 2024 | $239,694 | Angel Round | – | Aman Gupta, Radhika Gupta | – |
| Aug 2023 | $132,888 | Seed | $2.98M | – | |
| Nov 2021 | $201,215 | Seed | $1.28M | Theia Ventures, Social Alpha | – |
| Date | Valuation | Stage |
|---|---|---|
| Aug 2023 | $2.98M | •••••••• |
| Nov 2021 | $1.28M | •••••••• |
Last known valuation $2.98M (Aug 2023). 11 investors in total: 6 institutional and 5 angel.
Investors in Canvaloop
Canvaloop has secured backing from 11 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Social Alpha, H&M Foundation and Aman Gupta.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Sustainable startups are supported via innovation curation and venture funding. | socialalpha.org | Bengaluru, India | ||
Theia Ventures is focused on investing in decarbonization technology companies. | theia-ventures.com | |||
| gvfl.com | ||||
| rockstudcap.com | ||||
| sailthruventures.com | ||||
H&M Foundation is focused on sustainable textile industry solutions. | hmfoundation.com | Stockholm, Sweden | ||
AG Aman Gupta | Co-founder of boAt, Shark Tank India judge, active angel investor | unknown_92097153253644cb9 | ||
RG Radhika Gupta | unknown_55519a36c5b549f8b | |||
AM Anupam Mittal | Founder of Shaadi.com, angel investor, Shark Tank India judge | unknown_af4ba090339943d98 | ||
NT Namita Thapar | Executive Director at Emcure Pharmaceuticals, angel investor, Shark Tank India judge | unknown_5a33646071aa43139 |
Investor details for Canvaloop
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Canvaloop Fibre Private Limited (Canvaloop)
Canvaloop Fibre Private Limited is the primary company behind Canvaloop. The board of Canvaloop Fibre Private Limited currently have 4 directors; the longest-serving is Dhruv Gupta, appointed in 2021. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Dhruv Gupta DIN 01986011 | Director | 17 Jul 2021 | 5 yrs 3 mo | Canvaloop Fibre Private Limited |
| Nandini Sarraf DIN 09066476 | Director | 17 Jul 2021 | 5 yrs 3 mo | Canvaloop Fibre Private Limited |
| Shreyans Manojkumar Kokra DIN 06794656 | Director | 17 Jul 2021 | 5 yrs 3 mo | Canvaloop Fibre Private Limited |
| Priya Radhika Rajesh Shah DIN 09166776 | Nominee Director | 04 Dec 2021 | 4 yrs 10 mo | Canvaloop Fibre Private Limited |
People of Canvaloop
4 people are tracked at Canvaloop (3 in leadership, 1 in team).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Director Of Marketing And Public Relations | Leadership | |
| Chief Executive Officer | Leadership | |
Isha Mehta | Social Media Manager | Team |
Complete people profiles for Canvaloop
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Canvaloop
Figures of Canvaloop Fibre Private Limited, the primary company behind Canvaloop, for FY 2025. Revenue was ₹11.01 Cr (+114% year on year). Net profit was ₹3.6 Lakh (0% margin). EBITDA was ₹24.1 Lakh (2% margin). Revenue has grown at a compounded annual rate of +52% over three years and +258% over five years.
- ₹11.01 CrRevenue · FY 2025 · +114% YoY
- ₹3.6 LakhNet profit · 0% margin
- ₹24.1 LakhEBITDA · 2% margin
- ₹12.4 LakhPaid-up capital
- +52%Revenue CAGR, 3 years
- +258%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Canvaloop Fibre Private Limited are on its company page.
Detailed financial statements for Canvaloop
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Canvaloop
4 dated milestones of Canvaloop across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Canvaloop is founded.
- Funding First funding round of $201K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $1.4M.
Web traffic of Canvaloop
The website of Canvaloop (canvaloop.com) receives about 2.7K visits a month.
- Monthly visits2.7K
▼ 66.7% vs previous month
Websites whose visitors overlap most with Canvaloop. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| itshemp.in | 100% | 115.3K | #272,831 | View details | |
| ynos.in | 100% | 73.9K | #483,979 | View details |
Top companies in Fashion & Lifestyle E-Commerce
3 companies that operate in the same segment as Canvaloop (Fashion & Lifestyle E-Commerce) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Eyewear is offered online for men, women, and kids. | 2010 | Gurugram, Haryana, India | USD 1.04 B | USD 939.4 M | 18,984 | |
Fashion and lifestyle products are offered via an online marketplace. | 2007 | Bengaluru, Karnataka, India | USD 123.71 M | USD 542.17 M | 1,108 | |
Gold and silver jewellery, lab-grown diamonds, and accessories are retailed. | 2019 | Bengaluru, Karnataka, India | USD 142.34 M | USD 32.66 M | 711 |
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Related news about Canvaloop
Complete news archive for Canvaloop
Full article history, source details, and older brand coverage require an active premium plan.
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Frequently Asked Questions about Canvaloop
Canvaloop was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Canvaloop is headquartered in Surat, India. It is registered at Surat, Gujarat, India.
Canvaloop is a funded company, having raised a total of $2.16M across 6 funding rounds to date. The company's 1st funding round was a Seed of $201.22K, raised on Nov 2021.
The primary company behind Canvaloop, Canvaloop Fibre Private Limited, reported revenue of ₹11.01 Cr for FY 2025, up 114% year on year.
Online platform offering sustainable fabrics and materials from agricultural waste. The platform provides users with a sustainable fabrics manufacturer that uses agricultural waste to create fibers and yarns for the textile industry.
Canvaloop offers HempLoop, FlaxLoop, BanLoop, PineLoop, and Yarns.
Canvaloop has 11 investors. Key investors include Social Alpha, H&M Foundation, Aman Gupta, Radhika Gupta, and Anupam Mittal.
The valuation of Canvaloop is $2.98M as of Aug 2023.
Canvaloop operates through Canvaloop Fibre Private Limited.
The legal entities of Canvaloop currently have 4 directors, including Dhruv Gupta, Nandini Sarraf, Shreyans Manojkumar Kokra and others.